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Wednesday, August 11, 2010

KLD Energy Raises $6M

Austin-based KLD Energy, a developer of drive systems for electric vehicles, announced Wednesday that it has raised $6M in a Series B funding. The firm said the funding will go towards commercialization of its high-performance electric drive system. Source of the new funding was not disclosed. KLD said the new funding brings its total raised in the last year to $12.0M. More information »